CanAm has plenty of funds this year to search for Uranium in their acquired locations. The properties contain 14.1 million pounds of historic uranium resources, and could quite possibly have 30.5 million pounds still available.
The Uranium industry has a very bright future; today it powers over 16% of the world’s electricity. The energy currently produced by Uranium matches the electricity used in 1960 worldwide. This number is expected to increase greatly in the coming years as nuclear energy becomes more popular.
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